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| Hemet | | The best time to switch policies is | | We/Us/Our: These words are used to |
| Vero Beach | | within one month of receiving your | | refer to the insurer in many of the |
| St. Louis | | policy renewal from your current | | modernized/personalized policy |
| St. Joseph | | insurer. You can typically cancel your | | forms recently introduced. |
| Flint | | policy without any fees or penalties if | | |
| Schaumburg | | you act within this time period. | | Broker of Record: A broker who has |
| Scottsdale | | | | been designated to handle certain |
| San Francisco | | Life insurance, specifically Term Life, | | insurance contracts for the |
| Roanoke | | is arguably one of the best values in | | policyholder. |
| Palo Alto | | the entire financial services arena. | | |
| Roanoke | | Where else can you go and get | | Approved: The condition which exists |
| Stockton | | hundreds of thousands of dollars in | | when the person or object to be |
| Columbia | | protection for literally pennies per | | insured meets the underwriting |
| Fredericksburg | | day? Rates for Term Life insurance | | standards of the insurer. |
| Miami | | remain at all-time lows, and now is the | | |
| Dothan | | time to lock in the best prices. | | Underinsurance: A condition in which |
| Mobile | | | | not enough insurance is carried to |
| Midland | | Make sure you have a new policy in | | cover the insurable value. |
| Reno | | place before you cancel your old one | | |
| Schenectady | | to avoid a lapse in coverage. This will | | Malinger: To feign a disability for the |
| Johnson City | | also prevent having to figure out the | | purpose of continuing to collect |
| Norfolk | | amount of any unused premium that is | | benefits longer than actually |
| Rockville | | due to you from your old insurance | | necessary. |
| Rockville | | company, or having to spar with your | | |
| Englewood | | agent about exactly when your policy | | Incurred Expense: Expenses not yet |
| Rapid City | | was cancelled and how much they | | paid. Can also include paid |
| Albuquerque | | owe you. | | expenses in some accounting |
| Williamsburg | | | | systems. |
| Colorado Springs | | Everyone has different needs, and | | |
| Naples | | not one size fits all when it comes to | | Deflation: An economic period |
| Pasadena | | term life insurance. While it may make | | characterized by falling prices, high |
| Newark | | sense for people in their 30s and 40s | | unemployment and a generally |
| Pasadena | | to secure a 20-year term length, a | | sluggish or slow economy. |
| Overland Park | | 10-year term might be more | | |
| Hampton | | appropriate for someone nearing | | |
| Hickory | | retirement. | | |
